On October 5, KASE Listing Commission accepted the plan on removal of basis for transfer of bonds of Akmola Kurlys Materialdary (Kazakhstan) the KASE official list "buffer category"

05.10.09, 18:38
/KASE, October 5, 09/ - By the decision of Kazakhstan Stock Exchange (KASE) Listing Commission of October 5, 2009 was accepted the plan on removal of basis for transfer of bonds KZ2P0Y03C665 (AKKMb1; KZT1,000, KZT5.0 bn; July 12, 07 - July 12, 10; the semi-annual coupon 9.00 % APR; 30/360) of Akmola Kurlys Materialdary (Astana) to the KASE official list "buffer category". In the KASE conclusion of September 21, 2009 it was noted that in July of 2009 on mentioned bonds Akmola Kurlys Materialdary defaulted payment on the coupon interest for the fourth coupon period. In compliance with item 13-5 of Board resolution of the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations "On Requirements for Issuers and their Securities, Admitted (Admissible) to Circulation on the Stock Exchange, and certain Stock Exchange list categories" of May 26, 2008 # 77, BURLINGAZSTROI provided to KASE on September 16, 2009 the plan on removal of basis for transfer of securities to the KASE official list "buffer category". In compliance with item 13-7 of the mentioned resolution the issue on approval of the mentioned Listing Commission decision will be considered at the Exchange Council meeting on October 1, 2009. If the Exchange Council approves the mentioned Listing Commission decision, bonds KZ2P0Y03C665 of Akmola Kurlys Materialdary shall be transferred from the Non-rated Debt Securities second subcategory to the KASE official list "buffer category" that will be informed by KASE additionally. [2009-10-05]